2018 BTC crash?
Updated
I was thinking about 2013 Bitcoin crash when I saw a bitcoin growth logarithmic chart .
Suddenly I started thinking about this crazy bull run bitcoin is having. If you look at the charts just before the 2013 crash, you can see the same parabolic trend. Certainly Bitcoin cannot continue this way. Of course there is FOMOing right now, but someday most of the people who did REALLY HUGE returns will want to cash out. Also, when btc will reach 10000$ it will be quite 10x the btc price in 2013.
Then I think there will not be a long winter like 2013-2017, but a shorter one (1 year max).
This is of course a risky bet and I just would like to know what you think.
Byeee
Suddenly I started thinking about this crazy bull run bitcoin is having. If you look at the charts just before the 2013 crash, you can see the same parabolic trend. Certainly Bitcoin cannot continue this way. Of course there is FOMOing right now, but someday most of the people who did REALLY HUGE returns will want to cash out. Also, when btc will reach 10000$ it will be quite 10x the btc price in 2013.
Then I think there will not be a long winter like 2013-2017, but a shorter one (1 year max).
This is of course a risky bet and I just would like to know what you think.
Byeee
Comment
Here we are.Comment
My idea was quite general, but actually the downtrend was perfectly respected and we are now waiting for some movement. I don't think we will ever go under 4000$.Disclaimer
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